Jetstar Asia is closing - are the days of low-cost carriers over? | Deep Dive podcast

Jetstar Asia will cease operations on Jul 31, a move unsurprising to experts because the low-cost carrier was struggling to turn a profit in a tough aviation market. Otelli Edwards speaks to Shukor Yusof from aviation consultancy Endau Analytics and Dr Nitin Pangarkar from NUS Business School to find out what the future holds. 00:00 Intro 00:30 Jetstar Asia announces its closure 03:49 Rising costs of Changi Airport 06:00 Low-cost carriers are no longer cheap 06:18 Legacy airlines are adopting budget strategies 10:34 Why investing in airlines is risky 14:44 Geopolitical conflicts raise flight costs Subscribe to our channel here: https://cna.asia/youtubesub Visit our website: https://cna.asia Download our app: https://cna.asia/app Get our editors' picks of stories via chat apps: Telegram: https://cna.asia/telegram WhatsApp: https://cna.asia/whatsapp Follow us on these platforms:   / channelnewsasia     / channelnewsasia     / channelnewsasia